Carvana
CVNA
#1064
Rank
C$23.97 B
Marketcap
$205.04
Share price
6.53%
Change (1 day)
190.18%
Change (1 year)
Carvana is an online used car retailer based in Tempe, Arizona.

Operating Margin for Carvana (CVNA)

Operating Margin as of September 2024 (TTM): 11.39%

According to Carvana's latest financial reports and stock price the company's current Operating Margin is 11.39%. At the end of 2023 the company had an Operating Margin of 1.62%.

Operating Margin history for Carvana from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.62%-107.64%
2022-21.27%852.8%
2021-2.23%-73.01%
2020-8.27%-10.74%
2019-9.26%-28.89%
2018-13.03%-31.91%
2017-19.13%-24.97%
2016-25.50%-9.6%
2015-28.21%-22.85%
2014-36.56%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-102.05%-995.96%๐Ÿ‡จ๐Ÿ‡ณ China
-35.14%-408.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.63%-316.24%๐Ÿ‡จ๐Ÿ‡ณ China

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.